Do we blame Bush?

Twinkies Maker Hostess Going Out of Business

 “We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” Hostess CEO Gregory F. Rayburn said in announcing that the firm had filed a motion with the U.S. Bankruptcy Court to shutter its business. “Hostess Brands will move promptly to lay off most of its 18,500-member workforce and focus on selling its assets to the highest bidders.”

Guess a little Don McLean would be appropriate?

Update:  No we blame Romney


  1. 1
    LibraryGryffon growls and barks:

    And to my immense surprise, the union causing the problems was not affiliated with the Teamsters, who were actually trying to convince the Bakers to get with the program, and were apparently actually crossing the Bakers’ picket lines.

    A union actually siding with management, and recognizing economic reality? Could this be a sign of the apocalypse?

  2. 2
    angrywebmaster growls and barks:

    And I pity the bakers union when Tallahassee finds out that their Zombie Union will prevent him from ever having another Twinkie.
    I can see it now. Zombie Union kill of the week!

  3. 3
    BigDogg growls and barks:

    Wouldn’t “Bye-bye, Miss Cherry Pie” be more like it?

    Went to look for a final box of Twinkies … damn hoarders already have the shelves picked clean. All I scored were some Ho-Hos …

  4. 4
    LC Light29ID growls and barks:

    BigDogg @ #:

    Twinkies are going for $100 on ebay. Gotta love American ingenuity.

  5. 5
    LC Xealot growls and barks:

    I preferred the Hostess Apple Pies, personally. My morning routine: coffee, hostess pie.

  6. 6
    HempRopeAndStreetlight growls and barks:

    Looks like the parasites killed the HOSTess.


  7. 7
    LC HJ Caveman82952 growls and barks:

    Gonna miss those cupcalkes. Guys, this is only the tip of the iceberg. Over a million jobs that I know of will be changed. Either companies fold up, leave the country or make everybody part time with no bennies. The libs screech about greed. I ignore them now, and hope they enjoy their dependency. They are being played for the suckers they are.
    And I pray to God student loans destroy these fools…..gotta get that degree in womens studies or sanskrit…they’re beyond reason, will always blame others……let them taste what they have dished out.
    Who are they going to blame when no one is left. The independent merchants?
    Who is going to give you that job you think You’re owed? It won’t be Hostess.
    As I told one, you come for my stuff, telling me I owe you, I’ll pay it off in lead….
    Unless they are stupid enough, and obama is, to try to rescind the second amendment….welcome to the second civil war or revolution. It would be a mess. What these cretins seek above else is control. They won’t get it.
    Gonna go to the market, see if they have any fruit pies left……
    Ya gotta luv it……

  8. 8
    LC Light29ID growls and barks:

    LC HJ Caveman82952 @ #:

    All revolutions have a martyr. Didn’t think it’d be a Twinkie tho

  9. 9
    LC Xealot growls and barks:

    This was a one-two punch. The health food craze is what hurt Hostess so much to begin with. Me, yeah sure, eating healthy is good. And God knows, Hostess stuff is loaded with chemicals and such. But what good is life with broccoli and vitamin water, anyhow? Give me bacon, beer and junk food. Might lose 5 or 10 years, but gain as much in enjoyment.

  10. 10
    LC Light29ID growls and barks:

    And it gets even fucking better from ZERO Hedge:

    The Hostess Liquidation: A Curious Cast Of Characters As The Twinkie Tumbles

    And here comes the Hostess twist: because Tim Collins of Ripplewood, was a prominent Democrat, a position which allowed him to get involved in the first bankruptcy process in the first place, due to his proximity with the Teamsters’ long-term heartthrob Dick Gephardt (whose consulting group just happens to also be an equity owner of Hostess). In other words, the traditional republican-cum-PE scapegoating strategy here will be a tough one to pull off since the narrative collapses when considering that it was a Democrat who rescued the firm, only to see it implode in a trainwreck that has resulted in the liquidation of a legendary brand, and 18,500 layoffs.

  11. 11
    LC HJ Caveman82952 growls and barks:

    Quite a story Light…, well worth the read. now they lost it all, pension funds, their asses, not to mention some investments….. :em07:

  12. 12
    LC LOBO growls and barks:

    LC Light29ID says:

    LC HJ Caveman82952 @ #:

    All revolutions have a martyr. Didn’t think it’d be a Twinkie tho

    Yeah. Now my youngest nephew will never know the joy of eating a Twinkie.
    .html?sort=3&o=1″ rel=”nofollow”>Rest In Peace Kid.

  13. 13
    LC HJ Caveman82952 growls and barks:

    Just got back from the supermarket, no Wonder bread, just some HoHo’s, Twinkies, powdered baby donuts and no fruit pies….
    Damn, gonna miss it….bought em all….

  14. 14
    HempRopeAndStreetlight growls and barks:

    Can’t wait to see who they blame. It’s like watching Germany circa 1933. I am surprised we have yet to see the propaganda cartoons to start up.

  15. 15
    angrywebmaster growls and barks:

    HempRopeAndStreetlight @ #:

    Can’t wait to see who they blame. It’s like watching Germany circa 1933. I am surprised we have yet to see the propaganda cartoons to start up.

    That would be Romney

  16. 16
    Igor, Imperial Booby growls and barks:

    angrywebmaster @ #15:

    Good grief. “Bain-style” killing? Trumpka, you’re so stoopid you don’t realize that a) the guy trying to save Hostess is a Democrap, and b) Bain has now got a Democrap at the helm as well!

    Aaaaaaand now, people want Ogabe to save Ho-Ho-Hostess. Not on Moochelle’s watch, it ain’t. :em05:

  17. 17
    Igor, Imperial Booby growls and barks:

    Just had a thought. No more Twinkies, Ho-Ho’s, etc. Mikey Moore is gonna STARVE! :em01:

  18. 18
    Pockmark growls and barks:

    They are just gonna sell the brands. Regardless of what financial difficulties brought down Hostess, their products remain very profitable blends of high fructose corn syrup and partially hydrogenated vegetable oil.

  19. 19
    LC LOBO growls and barks:

    LC HJ Caveman82952 @ #:
    My sister reports that there are none to be found in her town.

  20. 20
    LC CiSSnarl5.7 Chariot Builder growls and barks:

    To the betrayers ..of my constitution..of my my country…of my family….of the American way of life…

    To the Socialists..the “Democrats” and their henchmen…to the takers and the mooches… it’s going to come to a crash, you nor I can stop it..cogs in a wheel all… but heed these words….I do not dissemble …
    To those so called “liberals and progressives”….

    A reckoning is coming…and when it comes..when you feel your world has been ripped asunder, and all that you thought was real is gone…….remember this….when the call comes….

    Real Americans will stand up….Real Americans in the guise of the founders…willing to shed their blood…their fortunes..their sacred honor ….you’re so called…. “enlightenment” will mean nothing, your fabulous” progressive” ideas… naught

    ~ this house of cards – it had to fall…
    you ask for forgiveness – you ask too much….
    I’ve sheltered my heart in a place …that you can’t touch ~

    Yes that’s a Shara McLaughlin song…. But it’s fitting… and you’ve crossed the line. You can’t hide…there is no safe place …..

    To any rottie that needs a place let me back the folks here who have so gracefully offered to put you up should the SHTF…I do the same…In TN…contact the management here for contact info …4.7 acres, one way in- one way out..easily defended…and mucho people up here willing to draw that line and …fight back.

    Fuck you DJ…Fuck You Duke…you fucking pussy fucking pieces of shit…suck my are the enemy of this’s been fucking noted too bitch boys…see the fucking afore mentioned ….cunts.

    Now time to do the weekly clean of the fire-arms…..

  21. 21
    LC Light29ID growls and barks:

    LC LOBO @ #:

    Is this the start of the Mayan prophesy???

  22. 22
    LC MaxMomFL growls and barks:

    Local church (Catholic one I think) is having their big ol’ annual harvest festival this weekend. They’ve been advertising fried pickles, Oreos, and Twinkies on the radio all week. Hope they stocked up.

  23. 23
    LC LOBO growls and barks:

    LC Light29ID @ #:
    And who do we blame for this ?? Man in Obama Mask Robs Tulsa Fast-Food Restaurant :em03:

  24. 24
    Pockmark growls and barks:

    LC LOBO says:

    LC Light29ID @ #:
    And who do we blame for this ?? Man in Obama Mask Robs Tulsa Fast-Food Restaurant

    I’m going out on a limb here…but I’d say the guy in the mask who robbed the store. And his two accomplices in the get-away car.

  25. 25
    LC LOBO growls and barks:

    Pockmark @ #:
    :em05: Thanks Pock. Put a smile on my face.

  26. 26
    L.O.R. Ankle biter growls and barks:

    Thoroughly off topic, but this gave me a good laugh H/t The Patriot Post in today’s digest.

    And Last…

    Gun sales may be up, but some gun sellers are making a statement against the gun-grabbing Left. One Arizona gun dealer won’t even allow Obama voters into his store. He posted a sign on the front door that reads, “If you voted for Barack Obama your business is not welcome at Southwest Shooting Authority. You have proven you are not responsible enough to own a Firearm.” Well said. We’ve all heard of businesses banning gun owners, but this time, it’s the gun owners banning the banners.

  27. 27
    LC Gladiator growls and barks:

    On Friday, another shot was fired by conservative supporters of fast-food companies claiming to chafe under the requirements of Obamacare.

    Rebooting America, a small but vocal group formed after the Nov. 6 election, has designated Friday as National Papa John’s Appreciation Day. The announcement was made in support of Papa John’s CEO John Schnatter’s recent statement that the Affordable Care Act may prompt the pizza chain to raise prices and cut employees’ hours in order to keep them from qualifying for health care.

    Through the Twitter hashtag #IStandWithPapaJohns, the group is urging people to rush out and buy Papa John’s pizza to show support, and to oppose the onslaught of social media attacks and informal boycotts of the chain as a result of its position.

    As of Friday afternoon, the organizers claim to have connected with some 20,000 participants nationwide, with comments flooding the Facebook page of the “buycott” and the Papa John’s page itself.

    The pizza outlet is only one of several fast-food chains balking at the health care la

  28. 28
    LC Sir Rurik, K.o.E. growls and barks:

    A couple of other wrinkles which nobody else seems yet to thought of. In addition to the Hostesss bakeries, also impacted will be the owner/operators and employees of the thousands of the surplus outlet discount stores around the country.
    Also affescted certainly will be the numerous store and private label baked products prepared for grocery chains by Hostess. Some grocery stores will lose their store brand breads.The Obamites are taking their War of Whitebread a little too literally.
    We who take the Halfricans Kommunist Kredentials seriously are not really surprised that in his second term he would begin to engineer the traditional and obligatory artificial food famine. Remember that in the Nineteenth Century Ukraine was the breadbasket of not just Russia, but also of Europe. America’s former exceptionalism demands we go and follow the same path.

  29. 29
    Terrapod growls and barks:

    Hmm, wonder if Papa Johns has outlets in Israel? Buy the IDF a Papa Johns Pizza and get a twofer :em01:

  30. 30
    LC LOBO growls and barks:

    LC Sir Rurik, K.o.E. @ #:

    We who take the Halfricans Kommunist Kredentials seriously are not really surprised that in his second term he would begin to engineer the traditional and obligatory artificial food famine. Remember that in the Nineteenth Century Ukraine was the breadbasket of not just Russia, but also of Europe.

    One being raised by those whom look upon such as Stalin, Mao, and similar ilk, as idols, it is to be expected. After all, he has big shoes to fill.

  31. 31
    LC LOBO growls and barks:

    Hope no one is gonna be using LAX to travel this Thanksgiving. Thousands Of LAX Workers Set For Walkout On Thanksgiving Eve

  32. 32
    LC SecondMouse growls and barks:

    So, if I understand the position of the liberals on this, up until a few days ago, it was unacceptable to eat Twinkies. Now, it is unacceptable to stop making them. This is sure confusing.

    I don’t understand why the progressives are so upset about this anyway. After all, 18,500 more Americans just achieved their utopian vision of true equality.

  33. 33
    irish19 growls and barks:

    LC Light29ID @ #:
    “As the Twinkie Tumbles”
    Sounds like the title for a new soap opera on the All Barack Channel.

  34. 34
    Tallulah growls and barks:

    THIS is a very sinister development —

    RUSH LIMBAUGH: Hey, Twinkie fans, all is not lost. All is not lost. Are you ready for this? I have some news here from The Politico. “A new White House petition wants President Obama to nationalize the ‘Twinkie industry,’ saving the popular junk food from possible extinction.” It’s a website called “We the People.”

    “We the undersigned, hereby request Barack Obama to immediately Nationalize the Twinkie industry and prevent our nation from losing her sweet creamy center.” The website is “We the People.” You know who runs it? White House. So the White House has a petition up that many people may not know is a White House petition. As far as people are concerned it’s some interested citizens who are begging President Obama to bail out the Hostess company, thereby paving the way for Obama to go in and do it, responding to public demand, when in fact it’s a White House plan from the get-go.

    So let’s say it happens. Politico’s ready to write the headline: “Obama Saves Twinkies.” Get ready for it. In fact, this was predictable. I should have predicted it when the program began today, ’cause it’s just too easy.

    There’s no way Obama’s gonna compromise with the owners and save it, but he’ll be glad to nationalize it. I mean, this is chump change compared to an automobile company.

    And then after a while, sell it to the union, or give it to the union like he did General Motors, and then proclaim the Twinkie industry saved. Don’t laugh. Snerdley’s in there laughing. It has happened. It happened with Chrysler. It happened with General Motors.

    Osama is dead; General Motors is alive. Yeah they’re Twinkies, I know Michelle is out there campaigning against Twinkies, but that’s a minor concern to be overridden. I’m telling you, don’t be surprised if it happens. ###

  35. 35
    LC Gunsniper growls and barks:

    Trumka, the traitorcrats, the presstitutes, the 63,448,632 mouth breathers and their Chocolate Mousselini can go suck start a B83.

    I’m done with politics. I’m especially done with debating and arguing with assholes too pigheaded to actually think beyond their secularist cult and spoiled adolescent beliefs. I’m going to concentrate on my artwork and try to achieve as much professional artistic success I can before this former constitutional republic turned socialist shithouse goes completely up in flames.

    Should that abominable day actually come to pass I intend to become a human artillery shell and send the nearest pack of moonbats to Hades in a cloud of shrapnel rather than survive. I’ll pray for all of you who do carry on to be victorious in restoring this nation to it’s proper glory and majesty.

    And no, I’m not quitting The Rottie just realigning my priorities and getting my head straight. I’ll check in periodically.

    ” rel=”nofollow”>Best fishes to all.

  36. 36
    LC_Salgak growls and barks:

    I would find it most amusing if Grupo Bimbo bought the rights to produce. . . and then made all the Twinkies, Hoho’s etc. . . in Mexico. Where not even the AFL-CIO will tread. . .

  37. 37
    LC Gladiator growls and barks:

    LC CiSSnarl5.7 Chariot Builder says:

    Fuck you DJ…Fuck You Duke…you fucking pussy fucking pieces of shit…suck my are the enemy of this’s been fucking noted too bitch boys…see the fucking afore mentioned ….cunts.

    Now time to do the weekly clean of the fire-arms…..



  38. 38
    LC Draco growls and barks:

    My wife commented..”Don’t more people eat Twinkies than drive GM vehicles?”. :em05:

    (My disclaimer -> I eat Hostess products and have a GM truck.)

  39. 39
    LC Gladiator growls and barks:

    Union intransigence and unrealistic expectations at Hostess Brands have forced the bakery to shut its doors permanently and throw 18,500 people out of work. So much for Big Labor caring about the little guy.

    A down economy and two restructurings in three years left Hostess, maker of Twinkies and Sno Balls, in dire fiscal straits. The company warned its workers, union and nonunion, to make concessions or everyone would go down in a liquidation.

    Instead, one union, the AFL-CIO-affiliated Bakery, Confectionery, Tobacco Workers and Grain Millers International (BCTGM), imagined the company was bluffing and went on strike.

    The decision contrasted with the majority of the workers who didn’t delude themselves. The Teamsters, hardly pushovers, issued this statement:

    “Teamster Hostess members and all Hostess employees should know this is not an empty threat or a negotiating tactic, but the certain outcome if members of the BCTGM continue to strike. This is based on conversations with our financial experts, who, because the Teamsters were involved in the legal process, had access to financial information about the company.”

    That didn’t matter to the striking union, whose 5,000 members pull in as much as $22 an hour plus medical benefits, get nine weeks of paid leave and a company pension. It ignored the warning and Nov. 15 deadline and now will take 100% losses on salaries and benefits instead of the 8% requested by management. Some union brotherhood — the bakers’ action took their fellow workers down with them.

    Yet the sense of unreality was palpable among the bakers and the union leaders who represent them. AFL-CIO President Richard Trumka declared that Hostess’ problems were caused by “Bain-style Wall Street vultures” making “themselves rich by making America poor.” It’s a nice analysis while the barn is burning, but the reality is workers losing their jobs and living on blame is even poorer sustenance than living on Twinkies.

    When are unions going to start caring about real jobs and real workers?

    Read More At IBD:

  40. 40
    Fa Cube Itches growls and barks:

    LC Sir Rurik, K.o.E. @ #:

    We who take the Halfricans Kommunist Kredentials seriously are not really surprised that in his second term he would begin to engineer the traditional and obligatory artificial food famine. Remember that in the Nineteenth Century Ukraine was the breadbasket of not just Russia, but also of Europe.

    Rhodesia/Zimbabwe was the breadbasket of Africa, too.

  41. 41
    LC SecondMouse growls and barks:

    It amazes me every time I read some liberal moron’s screed about management’s greed and failures in the Hostess bankruptcy, and how it was obviously done to screw the workers. The deficient mental framework required for such a perspective will assure the individual in question of a future during which life will treat them like it’s prison bitch.

    I am so, so fucking tired of the statist bullshit about unions and social justice, and all of their other methods and strategies of legal thievery. Liberalism is a cancer that has eaten the soul of this nation. All men are only born equal; it is what they do after that which determines their fate. Don’t like your $10 an hour job? Then do something about it. Work harder. Improve yourself. Start a business. Save money. Invest what you have. Holy fucking shit. Where the fuck were your parents when you were growing up? How have you survived this long? How the hell hard is this?

    How is it possible that these asshats fail to fathom the crushing consequences of their moral inadequacy, and their inability to witness their favored policies wreaking havoc all around them?

    The principle of progressivism is founded in envy, and I am officially done playing the political correctness game. I am disgusted with the culture of victimhood and selfishness which is destroying our nation. We used to be a people who were united in liberty and self-reliance and pride in a hard day’s work. If you don’t have the stones to do what must be done to look out for you and yours, or the self-respect to learn how to live within your own means and capabilities, then fuck you, and fuck your ancestors and God forbid, any descendants.

  42. 42
    Alan K. Henderson growls and barks:

    The name “Hostess” is SEXIST! It deserved to go down! Crank up the Helen Reddy and celebrate!

  43. 43
    irish19 growls and barks:

    Little Debbie has your fruit pie.

    That sounds naughty.

  44. 44
    LC HJ Caveman82952 growls and barks:

    Little Debbie’s are okay, got some here, can’t imagine why, but Hostess was better…..Sigh.
    I’m gonna miss Hostess fruit pies, really liked those…

  45. 45
    Emperor Misha I growls and barks:

    LC Gladiator says:

    Funny, but werent we saying the exact same thing about GM (let it go bankrupt) and the LibTards had a cow?

    Yes, we were, Glad, and as always we were exactly right.

    We said, numerous times, that a business that can’t stay in the black doesn’t need to be in business, that they need to make room for a business that can. A business that, funnily enough, would also be able to provide far better jobs for their employees.

    And we were met with the usual leftist swine (and I refuse to call them “liberals”, call the parasites by their proper name, dammit) mantras of “if we don’t bail out GM, those workers will never ever work again and this will crush our economy!!!!11!!!!” which is, of course, total and utter bullshit.

    The leftist swine were trying to tell us that if GM stopped making GM cars, then the demand for GM cars would just auto-magically disappear and everybody would decide to either buy Japanese or walk to work. Right. Just like having the dairy industry take a kick to the shorts for being inefficient would suddenly make Americans, all 300 million of us, stop drinking milk.

    And now Deej is telling us that Twinkies won’t go away just because Hostess is going away. He’s right, for once. They won’t. Somebody else, somebody who isn’t buried under an unsupportable union weight of paid vacations, plush pensions etc. WILL buy that trademark and continue to make them.

    The question left for us is, then: Why are Twinkies so much different from Dodges, much like another good question for the leftist morons is “why is oil and gas, unlike every single other commodity in the world, exempt from the laws of supply and demand?”

    The answer is: “Lefties are fucking morons and if they ever open their yaps, your smartest move is to assume that they’re lying.”

    Here endeth the lesson.

  46. 46
    LC HJ Caveman82952 growls and barks:

    “if we don’t bail out GM, those workers will never ever work again and this will crush our economy!!!!

    Deathcare will do that by itself….it’s already begun. Workers booted to part time or to quit. the choices I was given. I took my pension, stock and ran. But companies will either downsize, meaning lay off or simply relocate, say Mexico or another big continent. Not like it hasn’t happened already, and is accelerating now. They can blame each other all they want, but they still lose their fucking jobs. Guys, you need those jobs, millions would take them in a heartbeat, and be grateful for it. Were it not for past measures on my part I would be totally boned right now, sixty year old unemployed white guys aren’t exactly at a premium nowadays. But thanks to a pension, survivors SS, life insurance and some investments, I am okay for a the immediate future, assuming the government or banks don’t screw me on that too…But what about the future? Uncertainty and fear would be my kindest assessment. I see it in others I respect and it pisses me off. What about our kids? Or parents? The same parents, after a lifetime of giving to be denied medical care because they allegedly serve no purpose to society?. . I could, and would, house and feed my mom if I had to, probably kick me out of my own house, :em06: Go to your room. I did make a promise to Dad…. any man doing that is beneath contempt in my book. but I cannot afford her medical care too……
    What are we in for???????

  47. 47
    Fa Cube Itches growls and barks:

    LC SecondMouse @ #:

    Don’t like your $10 an hour job? Then do something about it. Work harder. Improve yourself. Start a business. Save money. Invest what you have.

    To be fair, that’s easier said that done, today. “Work harder” – the harder one works, the more work they get, but raises seldom follow. “Improve yourself” – advanced education is getting very expensive. Community colleges are still pretty affordable, but they are pricey, and it’s not a quick-fix. “Start a business” – if you have capital, and can get through all of the red tape, sure. “Save money” – damnably hard, given that the inflation rate heavily outpaces even the best savings accounts and CDs. “Invest what you have” – also damnably hard, given that there really aren’t many “safe” investments these days; the stock market is rigged, and putting your money into funds runs the risk of getting Corzined. Even bonds aren’t safe, since Ogabe may, on a whim, put others ahead of you.

    Given widespread unemployment and economic chaos, most people are just in survival mode, and those with jobs are damned happy to have them. The American Dream may not be dead yet, but it’s damned sure on life support. Scary times out there.

  48. 48
    Lady H growls and barks:

    I like Little Debbie better. 😀

  49. 49
    Lady H growls and barks:

    Can they “resurrect” in a Right to Work state? Or is it too late?

  50. 50
    LC SecondMouse growls and barks:

    Fa Cube Itches @ #54:

    I thought about this when writing my comment, and decided against going there to avoid putting up a wall of text, but you are of course correct in your observations about the increasing difficulty of getting ahead.

    There was a time when people with skills and a willingness to work could carve out a good living for themselves and their families simply by showing up, but those days, and many of those jobs, are gone. Government regulations have all but extinguished the ability of individuals to start their own businesses without large amounts of capital and expensive legal and financial consultation. These same excessive regulations and our hostile business climate have driven millions of industrial jobs overseas, gutting the middle class. At the same time, federal student loan programs have created a bubble in post-secondary education, pumping up the price of a degree to the point where, given the poor job market, there isn’t enough financial benefit left to invest in education for a growing number of people.

    At the same time, the private banking cartel called the Federal Reserve has been inflating the dollar to the point where purchasing power for many in and below the middle class has reached a breaking point. All while transferring, with the government’s tacit approval, a large fraction of the privately held wealth in our country into the hands of a few huge investment banks in order to prop them up and preserve capital and returns for a privileged few. There was a time when $10 an hour was a livable wage. Today, many of the jobs that add real value to the economy are gone. Our economy has become increasingly comprised of service industries. Few of these jobs require much skill or create large amounts of wealth for business owners, and therefore will not pay very well. This did not have to happen this way.

    At the business I run, we are planning to make exactly one new full time hire over the next 12 months, and this only to replace someone. Any other needs we have will have to be filled with part-time people. I am slowly running out of ways to make the business work. I know I am not the only CEO spending sleepless nights thinking about this.

    These kinds of difficulties are the consequence of one set of forces acting on us – the slow strangulation of liberty. Government interference in the economy distorts the incentives, limits the variety of responses businesses can make to trends and changes, and destroys initiative. Federal policies that have promoted consumer debt and accumulated government debt have brought this economy to a standstill. Incomes have fallen over the last four years, while inflation ravages key commodities, hurting the most those who have the least. Meanwhile, government does the exact opposite of what is needed to begin to claw our way out of this mess, by doing more of the things that brought us this nightmare in the first place.

  51. 51
    LC LOBO growls and barks:

    And maybe they aren’t going out of business, Hostess and union agree to mediation.